Governments worldwide are always prating about how big business is an essential part of the economy, how the country couldn't operate without it and how nothing of any great import could ever get done.

To a point, they are right: big business is essential for stability, being better able to withsta…

At least three terrorist outrages flared in Paris yesterday afternoon as masked men with AK47 machine-guns stormed a cafe on the 10th Arrondisement, a theatre and a bar near the Stade de Paris, where a game between France and Germany was taking place.